Green Forest at a glance
- Population: roughly 3,160 people; 98th of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 2,975 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: a gain of roughly 6.2% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Arkansas places: 98th by size among 500 communities (US Census Bureau).
- Size percentile: it is larger than about 80% of the places in Arkansas (US Census Bureau).
- Coordinates: 36.3347, -93.4310 (US Census Bureau Gazetteer).
- Nearest larger cities: Berryville, AR (8 mi); Harrison, AR (19 mi); Branson, MO (21 mi); Hollister, MO (22 mi); Huntsville, AR (23 mi) (Census populations, approximate straight-line distance).
- Nearest smaller places: Alpena, AR (8 mi); Oak Grove, AR (9 mi); Blue Eye, AR (11 mi) (US Census Bureau estimates).
What a personal loan costs in Green Forest
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Arkansas lending rules that apply in Green Forest
The table carries the Arkansas rate and licensing rules that apply to consumer loans made in Green Forest.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 17% per annum for loans not made by or to governmental units or by federally insured depository institutions (Amendment 89, effective January 1, 2011) Source says: "shall not exceed seventeen percent (17%) per annum". | Arkansas Legislature — Arkansas Constitution, Amendment 89, § 3 (proposed by H.J.R. 1004 of 2009) as of 2026-09-16 |
| Payday lending status | Not permitted — all storefront payday lending eliminated; the Attorney General has worked to eliminate all forms of payday lending since 2008 Source says: "the Attorney General's office has worked to eliminate all forms of payday lending in Arkansas"; "all storefront payday loan operations in Arkansas have been shut down". | Arkansas Attorney General — Consumer Protection Division as of 2026-09-16 |
| Small-loan / installment lender licensing | See the latest published figure value_text left null: the State Bank Department does not publish a consumer small-loan license rate schedule that could be verified; storefront payday lending has been eliminated (see Payday lending status). See the linked regulator page for the licensee categories it supervises. | Arkansas State Bank Department as of 2026-09-16 |
| State lending regulator | Arkansas State Bank Department Source says: "The Department is charged with regulating state-chartered commercial banks with main offices in Arkansas". | Arkansas State Bank Department as of 2026-09-16 |
How to compare offers in Green Forest
These steps are the ones that most affect the offer you receive in Green Forest:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Arkansas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.